Iran’s Supreme National Security Council on Wednesday accepted a two-week ceasefire in its war against the US, but emphasized this did not mean an end to the war. The price of Bitcoin pushed past $72,000 for the first time in 20 days after the US and Iran agreed to a two-week ceasefire. โI agree to suspend the bombing and attack of Iran for a period of two weeks,โ Trump said in a Truth Social post on Tuesday, hours before his deadline for Iran to reopen the Strait of Hormuz or…
Day: April 8, 2026
Can Bitcoin price break $70K resistance?
Bitcoin price briefly touched $70,000 on April 7 within a well-formed ascending channel on the 4H chart, as spot ETF inflows logged $471 million on April 6, the strongest single-day institutional demand figure since late February. Summary Bitcoin price reached an intraday high of $70,036 on April 7 before easing to $69,427, pressing the upper boundary of a 4H ascending channel that has held since late March. The 4H MACD is printing a bullish cross with the MACD line at 415.63 above the signal at 410.64 and a positive histogram…
Iran War Cuts Local Hashrate but Global Bitcoin Network Holds Firm
Iranโs hashrate has plummeted over the past quarter amid an ongoing conflict with the US and Israel, though the war itself has not dragged down global hashrate, according to a new report from Hashrate Index. Iran has lost roughly 7 exahashes per second (EH/s) quarter-over-quarter, said Ian Philpot, marketing director at Luxor Technology, in a report published Monday. The countryโs hashrate now sits at about 2 EH/s according to the Hashrate Index heatmap. Philpot noted that while the regional conflict clearly impacted Iran, it could have triggered a ripple effect…
Strategy Signals Bitcoin Supply Shock With 2.2x New BTC Supply Acquired and 24,675 BTC Gain โ Featured Bitcoin News
Key Takeaways: Strategy Inc. reported acquiring 94,470 BTC in 2026, reaching 2.2x bitcoin supply absorption. Bitcoin treasury metrics indicate 3.7% yield, generating 24,675 BTC worth about $1.7 billion. Michael Saylor stated sub-$100K bitcoin window may close in 2026 amid rising demand. Strategy Bitcoin Accumulation Outpaces Network Supply Growth Strategy Inc. (Nasdaq: MSTR) shared on social media platform X on April 7 that it accumulated bitcoin faster than new issuance. The firm emphasized supply absorption and yield performance. The update framed its activity against bitcoinโs fixed issuance schedule and tightening supply…
Questa crypto potrebbe superare Ethereum… (Prima di quanto pensi)…
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Trump Announces Two-Week Ceasefire With Iran After Pakistan Mediation, Bitcoin Spikes to $71K โ Bitcoin News
Key Takeaways: Trump declared a two-week ceasefire with Iran on April 7, 2026, suspending strikes minutes before an 8:00 p.m. EDT deadline. Iranโs closure of the Strait of Hormuz, carrying 20.3 million barrels daily, is the central condition for the pause to hold. Pakistanโs Field Marshal Asim Munir and PM Shehbaz Sharif brokered the deal; Iranโs 10-point proposal is now the basis for talks. Bitcoin jumped 3% higher following Trumpโs post, reaching an intraday high of $71,720. U.S. Iran Ceasefire April 2026: Trump Cites Pakistanโs Sharif and Munir The announcement…
XRP Fake Pump Or Real Shift? Hereโs What The Structure Is Saying
XRPโs recent move is raising an important question: is this a genuine shift in trend or just another fake pump within a broader bearish structure? While short-term candles may look promising, price has yet to confirm a new high, and resistance continues to hold firm, suggesting underlying weakness.ย Short-Term Bounce Sparks False Bullish Sentiment Donโt get trapped in the noise. XRPโs structure still points lower, CasiTrades cautioned in a recent update on X, which comes as short-term movements begin to spark renewed optimism among traders. A series of bullish candles…